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AI & Enterprise

HonestAI hires former Lunit software development head Bang Soo-cheol as CTO

Financial AI company HonestAI said on May 18 it has appointed Bang Soo-cheol, who oversaw software development at Lunit, as its new chief technology officer. During his time at Lunit, Bang led AI software design and commercialisation. HonestAI said the appointment will strengthen its technical competitiveness in the financial AI market. Bang said he will focus on creating an environment where technical decisions link directly to product results and business impact.

AI & Enterprise

Mentat raises 1.1 billion won seed funding for lawyer AI legal drafting tool

Legal tech startup Mentat said on Monday it raised 1.1 billion won in seed funding. Collaborative Fund Asia led the round, with venture accelerator Crypton and financial technology firm HonestAI participating. Mentat offers an AI service that helps lawyers draft legal documents and plans an official launch as early as late May. It will provide an autonomous draft-writing mode and a co-pilot mode, and will first roll out usage-based subscriptions and enterprise plans.